NOT LISTED FOR SALE

216 Cambridge Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,192,000 - $1,435,000

9 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 16, 2024

Last sale price $1,225,000

Est. 3% increase in value since last sale

Current estimated payment $8,135/month

47 Days on Market

Highlights

  • Fireplace
  • Multiple cooling system units
  • Heating Available
  • Dr Ronald McNair High School Rated A+

About This Home

As of August 2024

Investors dream! Potentially assumable mortgage @3.5% Four units multi-dwelling property in desired Heights section of Jersey City. 4 bedrooms, 2 bedrooms, 2 bedroom, 1 bedroom apartments. NEW ROOF, Two bedroom and One bedroom and hallway newly renovated. All separate meters. All units tenant occupied.All separate meters and utilities. DO NOT DISTURB TENANTS or TRY TO CONTACT OWNER DIRECT OR YOUR ACCESS WILL BE DENIED!

Last Agent to Sell the Property

Tereza Timo-Roth

Realty One Group Central Listed on: 04/03/2024

Realty One Group Central

Last Buyer's Agent

Tereza Timo-Roth

Weichert Realtors-Manalapan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,313

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 37 x 100

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Stove

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Multiple cooling system units
  • Heating Available
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: PERSONAL BELONGINGS
  • Tenant pays for hot water, sewer, heat, gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 06-02203-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,313

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 37 x 100
  • WaterSewer Public Water: Yes
  • Cooling Multi Units: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Other, Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.08
  • Waterfront: No
  • Exclusions: PERSONAL BELONGINGS
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Other, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 37 x 100
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 06-02203-0000-00015
  • Zoning Description: Single Family, Residential, Neighborhood, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Sewer, Heat, Gas, Electricity
  • Owner Pays: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17313.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Aug 14, 2024
Sold by
Qawiyy Hala
Bought by
216 Cambridge Ave Project Llc
Seller's Agent
Tereza Timo-Roth
Realty One Group Central
Buyer's Agent
Tereza Timo-Roth
Realty One Group Emerge
List Price
$1,499,000
Sold Price
$1,225,000
Premium/Discount to List
-$274,000
-18.28%
Views
30
Current Estimated Value
$1,257,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,832
Avg. Annual Appreciation
2.50%
Original Mortgage
$900,000
Outstanding Balance
$890,662
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$367,170

Purchase Details

Closed on
Aug 24, 2018
Sold by
Nj Statewide Magement Llc
Bought by
Qawiyy Hala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,128
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2008
Sold by
Steele Amy
Bought by
Nj Statewide Management

Purchase Details

Closed on
Feb 25, 2002
Sold by
Realty Consultants Inc
Bought by
Steele Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 1995
Sold by
Maddi James and Maddi Donald
Bought by
Realty Consultants Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
216 Cambridge Ave Project Llc $1,225,000 First American Title
216 Cambridge Ave Project Llc $1,225,000 First American Title
Qawiyy Hala $545,000 Old Republic Natl Title Ions
Nj Statewide Management -- --
Steele Amy $126,000 --
Realty Consultants Inc $35,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 216 Cambridge Ave Project Llc $900,000
Closed 216 Cambridge Ave Project Llc $900,000
Previous Owner Qawiyy Hala $130,362
Previous Owner Qawiyy Hala $345,000
Previous Owner Qawiyy Hala $535,128
Previous Owner Steele Amy $159,500
Previous Owner Steele Amy $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $1,225,000 -18.3% --
05/20/2024 05/20/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $1,499,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,205 $770,500 $276,000 $494,500
2024 $17,313 $770,500 $276,000 $494,500
2023 $17,313 $770,500 $276,000 $494,500
2022 $16,319 $770,500 $276,000 $494,500
2021 $12,359 $770,500 $276,000 $494,500
2020 $12,405 $770,500 $276,000 $494,500
2019 $11,866 $770,500 $276,000 $494,500
2018 $1,488 $770,500 $276,000 $494,500
2017 $7,800 $100,000 $29,300 $70,700
2016 $7,701 $100,000 $29,300 $70,700
2015 $7,482 $100,000 $29,300 $70,700
2014 $7,434 $100,000 $29,300 $70,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tereza Timo-Roth

    Realty One Group Central

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409017

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-02203-0000-00015

New Jersey Hudson County Jersey City 07307 The Heights

216 Cambridge Ave, Jersey City, NJ

This home is located at 216 Cambridge Ave, Jersey City, NJ 07307 since 03 April 2024 and is currently estimated at $1,257,832. 216 Cambridge Ave is a home located in Hudson County with nearby schools including Christa McAuliffe School, William L. Dickinson High School, and Dr Ronald McNair High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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